The report identifies four factors--wealth effect, incomes, leverage, and fiscal transfers--as key drivers of consumption cycles.
Over the past two decades, these drivers have influenced consumption across distinct phases, including periods of broad-based growth and K-shaped recovery.
New Delhi [India], January 8: Selecting an NDIS care provider is a significant decision that can greatly impact the quality of life for people who rely on the National Disability Insurance Scheme (NDIS). With various providers offering a range of services, understanding what to look for can
The life insurance sector in India is at an "inflection point" and is poised to grow due to a variety of good reasons. Financial services company Centrum Broking in a report asserted that it remains constructive on the life insurance industry owing to favourable macro factors.
China's economic slowdown is closely tied to a significant drop in productivity. This downturn is driven by several factors, including a shift toward low-productivity sectors like real estate, demographic challenges, and inefficiencies in research and development. While government policies a
A recent survey reveals that 76.1 per cent of adults in Taiwan identify as Taiwanese, with only 10.1 per cent considering themselves Chinese. Conducted by the Taiwan Public Opinion Foundation, the poll also highlights demographic and political factors influencing national identity.
The General Civil Aviation Authority (GCAA) of the UAE has approved a new "Protocol for Autopsy and Aviation Medicine in Air Accident Investigations." The protocol will enhance air accident investigations by integrating forensic and aviation medical expertise to analyse crew health, aircraft
The Indian rupee (INR) is expected to face challenges in 2025 due to multiple global and domestic factors, according to a report by Standard Chartered Bank.
Bengaluru (Karnataka) [India], December 24: For many youngsters, cancer remains an abstract and frightening concept that would mean - the end of life. This public health concern is often surrounded by fear, myths, and uncertainty due to limited open discussions about this complex disease. Th
Ghaziabad (Uttar Pradesh) [India], December 23: The growth of luxury real estate in NCR has witnessed a remarkable evolution driven by several key factors reshaping the market's landscape. As the economy continues to grow, rising incomes have significantly expanded the purchasing power of in
Asif highlighted the ongoing losses to the country and its people due to political turmoil. Referring to the situation in Parachinar, he said, "Incidents like these are also contributing factors."
Mumbai (Maharashtra) [India], December 17: The process of obtaining a business loan can be complex, with financial institutions carefully evaluating various factors to assess risk. One of the key elements that significantly impacts a borrower's chances of securing a loan is collateral.
Pune (Maharashtra) [India], December 11: When it comes to securing a gold loan, understanding how the gold loan per gram rate is determined is essential for borrowers. The gold loan gram rate plays a crucial role in determining the amount of money a borrower can access by pledging their gold